New management at Carat India2 min read . Updated: 14 Sep 2007, 12:37 PM IST
New management at Carat India
New management at Carat India
Richard Halmarick, CEO Aegis Media Asia South on 14 September announced a number of changes at Carat India which will strengthen the management team and underpin future business performance.
As a result of these changes:Charles Berley Jenarius will become country director, Aegis Media India; PV Narayanmoorthy will be promoted to Managing Director, Carat India; Rachna Saxena has been appointed in the role of Senior Human Resources Manager.
Richard Halmarick will take on direct responsibility for Aegis Media India and will oversee the appointment of a new CEO.
Commenting on the changes, Halmarick said: “Aegis Media is the largest independent media agency in the world, with a unique client proposition and an unrivalled position in digital. As an organisation, we are determined to be the first and last word in communications excellence. The appointments we are making today show that we are investing in senior talent to support that ambition in India, so we can firstly build on our world-class Carat brand and secondly bring new services and skills to our clients in what is certainly one of the most exciting markets in the world today."
The first of the changes will see Charles Berley Jenarius, currently CEO Carat Group India, moving into a new role of Country Director Aegis Media India where he will be responsible for the building of Aegis Media’s diversified services businesses, through acquisition or start up.
“Charles’s core focus in his new position will be on digital, out of home, PR/events and modelling." Richard Halmarick said: “These business sectors are important to our future growth and ensuring we are providing clients with fully integrated communication solutions."
Halmarick also announced that PV Narayanamoorthy (Moorthy), currently Director of Strategy & Operations for Carat India, has been promoted to Managing Director. Moorthy returns to India full time following various global/regional roles with Carat for the past nine years.
Moorthy’s past portfolio included research, strategic planning, tools and software, training and product development for 12 countries in the region, spanning Australia and New Zealand to China. He has also represented the Asia Pacific region on the global products and services and media/IT boards. He has spent the majority of his 29-year career in media, and has also worked in a number of leading advertising agencies including Ogilvy & Mather and McCann-Erickson.
"Moorthy is a founding member of Carat India and is highly regarded in Asia Pacific and around the world for his commitment and passion for the business. We are absolutely delighted that he is returning to India as Managing Director of Carat," Richard said.
The focus on attracting and developing the talent in the India has also led to the appointment of Rachna Saxena as Senior Human Resources Manager. Rachna has spent the past 10 years of her career with Star TV and her last assignment was as the Head of HR for the NGC Network (India) Pvt. Ltd.
Rachna comes with both operational and strategic skills in human resource development, and will play a key role in rebuilding the India business.
“I will be closely involved as Carat India enters its next phase of development in a complex and challenging market and will ensure that the operation continues to grow and deliver strong results for our clients. We also intend to appoint a CEO from outside the company to take Carat India to the next level of success and during this search I will take on the role of acting CEO," Richard said.